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The Alpha Plus Fund fell -0.65% in December, underperforming the S&P/ASX200, which was up 1.30%.It was a disappointing month for the fund, as it failed to leverage a modest rebound in the broader market after the November sell-off. The growthier nature of the portfolio – despite having de-risked heading into December and more as the month progressed - was not enough to balance some extremely skewed sector performance and stock specific exposure within the technology and consumer discretionary sectors. After printing very solid returns through the first 10 months of the year, it was disappointing to give it all back – and then some – in the final months of the year.
